Kathie Lee & Hoda Stock or Stuff: Buying Stock for Father’s Day
Kathie Lee and Hoda welcomed CNBC personal finance correspondent Sharon Epperson to take a look at a few different companies and help you decide if you should buy the product from that company, or invest stock in the company and give it as a possible gift for Father’s Day.
Epperson explained that it’s easy to buy stock for a loved one. You can do it online on a website like oneshare.com and they will send you a legally registered stock certificate.
Kathie Lee & Hoda: Men’s Wearhouse & Olive Garden
So you want to give you dad a tie for Father’s Day, but would it maybe be better to buy stock in Men’s Wearhouse rather than purchase one of their ties? Epperson said it would be. She said buy the stock because Men’s Wearhouse stock is up 52% in the last 12 months.
What about a gift card to Olive Garden? Epperson said go with the gift card because Darden Restaurants, who owns Olive Garden, has seen a 4% decrease in its stock in the last 12 months.
Kathie Lee & Hoda: Dick Sporting Goods, Rosetta Stone, & SONY
If you’re looking into getting that special man in your life some sports stuff, Epperson said go for the tennis racket rather than the stock. She said Dick’s Sporting Goods’ stock is down 12% in the last 12 months.
If he’s trying to learn a new language, Epperson said go ahead and buy him the product rather than stock. Rosetta Stone‘s stock decreased by 37% in the last 12 months.
And if your man is a tech guru, go with the PlayStation rather than buying stock in SONY. The company’s stock went down 15% in 12 months.
Kathie Lee & Hoda: CostCo & Molston Coors Brewing Company
If that special guy likes to shop at CostCo, Epperson said you should buy him some stock in the company. CostCo stock is up 6% in the last 12 months.
And lastly, for the beer-drinking man in your life, buy him some stock in Molston Coors Brewing Company. Their stock is up 35% in the last 12 months.